International money transfer service of LaoVietBank meet the needs of businesses and individuals who wish to transfer money to the countries to pay goods, costs of services, costs of study, transfers for relatives, medical expenses , etc with rapid speed, safety, accuracy, security through correspondent bank network of LaoVietBank to many countries in the world. Customers may choose to transfer money through following channels:

- Via Swift as an international standard system accepted.

- Via Internal channel as an internal system of LaoVietBank through of two branches of LaoVietBank in Vietnam.

Benefits of the product:

- Fast speed, secure, accurate, secure since LaoVietBank uses modern bank technology.

- Meet diverse demands for foreign currencies.

- Competitive fees with other banks.

- Simple, compact procedures;

- Customers can deposit cash for transfer or deduct from the customer's account opened at LaoVietBank.

Applicable currencies: LAK, VND, THB, USD, EUR.

Service charge:

- For money transferred from Vietnam, fee is calculated by:

  Amount transferred x 0.08% (minimum and maximum amount at USD 5.00 and USD 600.00respectively)

- For money transferred from all over the world except Vietnam, the fee is calculated by:

  Amount transferred x 0.1% (minimum and maximum amount at USD 5.00 and USD 600.00respectively)

- TTR fee is USD 18.00

Dossier:

Money transfer to:

· Legal documents of the enterprises (if they have not had an account at LaoVietBank);

· Purchase and sale contracts or purchase orders;

· Invoice for claiming money;

· Request for purchase of foreign currency (in case of sale and purchase);

· Other relevant documents (if any).

Money transfer from:

Customers with or without an account at LaoVietBank can receive money from abroad country just by providing accurate and complete information and of the beneficiary as follows:

- If transferring to the account number at LaoVietBank:

· Account number of the beneficiary.

· Name of the beneficiary.

· Agent bank of LaoVietBank.

· Swift code of LaoVietBank

- If receiving by ID card, Passport

· Identity card or passport number.

· Date of issue of identity card, passport.

· Place of issue of identity card, passport.

· Name of the beneficiary.

· Agent bank of LaoVietBank.

· Swift code of LaoVietBank